U.S. Steel agrees to sell land to Minnesota for Lake Vermilion state park
Gov. Tim Pawlenty's dream of turning undeveloped Lake Vermilion shoreline into a state park has taken a giant step forward.
Several years of negotiations between U.S. Steel, which owns the property, and the state had faltered. The corporation was moving forward to develop 1,400-acre parcel into upscale housing. The parcel includes five miles of Vermilion shoreline.